I took up the boring art of cancelscanning someone who always posts “discounts” on trade chat and also controls the AH market.
After a while, this guy completely crashed the market below materials cost.
Why is that allowed? How am I supposed to sell anything if someone else is running the show with no way to stop them unless I want to start losing gold?
Sorry but there really is no “market value” in a free market. You may think 30 gold for a herb is market value but I think it’s stupidly over priced and will list lower. But yes the frequency at which people can cancel needs to be toned down.
Last in first out and AH spawn camping really forces you to either camp and cancel with them, not sell anything, or discount to the point they will buy it to resell.
The work orders kind of fix some aspects of this but the AH really needs buy orders for all items among other things.
The market does a horrible job at finding proper values. Something I see on leggo’s is all the crafters for a slot get into a emergent collusion situation and don’t compete on price. This creates a huge surplus of that item because it looks like the biggest money maker but it’s not really selling while artificially high price causes more people to craft them.
This isn’t a free market. It’s a closed market system controlled entirely by Blizzard and the prices they set on how much NPC vendors will pay for an item. This is why Shadowlands Legendaries have such a steep cost. A free market is one which is free of governing or regulatory bodies.
Material cost fluctuate so much you can’t use that as a standard for selling the finished product.
I purchased lots of mats before 9.2 started. Herbs were around 15-16G, lightless silk was around 11G, etc, and I made my crafts and held them until the patch hit knowing it cause a huge inflation. So what you see as “below” costs is still making me quite a profit.
I also get annoyed by some of the AH PvP guys, but I have noticed it seems to be someone I’ve never seen in one of the markets I’ve been in for a very long time. This leads me to believe this is a new person who just watched a few YouTube videos and wants to jump into the AH ring.
You need to learn your server and market. I’ve learned that certain days are better for potions than other and including certain times of the day. Like, around 10EST, potion sales drastically die off but enchant sales start going up.
You also just can’t be in one market if your trying to make gold on finished product. If that’s what you want to do, you’re better off just farming the mats and making it yourself, or just selling the mats.
Just because you post it, doesn’t mean you get a sale. Goblins have plenty of expired sales. It’s part of playing the AH. Mat selling is your safest bet.
A free market is a market where supply and demand set prices. Not politburos, oligarchs, monopolists or any other force trying to artificially control prices. The market is free to set prices, not the powerful are free to control and manipulate it.
That requires regulatory bodies of some sort or it devolves into a situation of economic warlords controlling everything.
an economic system in which prices and wages are determined by unrestricted competition between businesses, without government regulation or fear of monopolies.
So yeah…literally the opposite of everything you just said. No wonder so many people keep blaming Capitalism for the failures of Socialism. Y’all don’t even know the definition of basic words and phrases.
Blizz controls what can be put on the auction house, drop rates, auction post rates, auction house post times. They also have nerfed farms and raw gold. The economy does get influenced by everything blizz does.
Could you be any more obvious with the crazy envy you have for anyone who bothers putting in the effort to make some gold on AH?
You’re mad that they’re crashing prices and using trade chat. Here’s a thought:
Have you actually tried using trade chat to sell your stuff? Nobody’s going to cancelscan you in trade. Or are you just angry that you can’t win by taking the path of least resistance?
Auction Housing is a PvP activity. PvP problems have PvP solutions. Figure it out.
I’m one of those goblins, or at least I was before I took 8months off from wow, and tbh TSM just helped me see what I was doing. It didn’t give me some power over the AH; it taught me how to make gold. So I made gold.
And I would do the very thing you’re talking about-but that was because of folks charging exorbitant gold for starter material. The materials that new players are going to want to buy when they’re doing their professions. No reason for Silverleaf to be 46g for a stack of 10, that’s just preying on the new players. It locks them out of continuing to play; they need Silverleaf to level up their profession, something they’re enjoying, or for something they feel is going to help them level up faster-whatever it is and then they are denied that. My son was one of those players when he first started, he gave up the game over a couple of weeks because he didn’t want ME to give him everything-he wanted to do it himself but he didn’t have the gold stash to play the game the way he wanted.
So, any time I’d see some materials being over priced because someone has cornered it, I’d tank it to make sure they’re not abusing peoples for their greed. It was fun-how ever the new crafting order system is going to help with that I think. Goblins, like me, who just sorta want to keep the gold market things fair so any one can start regardless of their low gold count.
If I’m understanding the system, I should be able to make orders with my deluge of materials for players who dont have much gold, and I can set out orders for low level stuff with a higher gold reward.
But regardless, there is going to be abuse and cornered markets, and that has always happened even before we had TSM. I think it was Wrath, when pearls were needed for something, and they were worth a lot at the time…and then the market would get crashed by folks pricing low w/ high stacks, the high pricing folks would buy out all those low priced pearls in order to repost them at the higher price, and the moment they did that another tsunami of pearls would hit the market at a vastly lower price. Rinse repeat until the market is abandoned-didnt need TSM to help with that.
Ya the definition has changed over the last 50 years with the creep of anarchic capitalism and corporatism.
But how do you maintain competition, prevent monopolies and anti competitive behavior without regulation?
That definition has mutually exclusive requirements.
I with you on this. They keep blaming capitalism because where it breaks down it’s usually not a free market. It’s a controlled and manipulated market where things like duopolies, oligarchs, regulatory capture, and improperly regulated natural monopolies rig the system to avoid competition. Supply and demand aren’t setting prices. The only ISP in your area is. Or the only hospital.
But they think like you that the free market means the powerful are free to do what ever they want. Not that the market should be free from forces other than competition, supply, and demand. Accurate prices are essential to organize economic activity efficiently and need to be free from manipulation.
You’re only tackling a single tool/issue. The root problem is the ability for someone to endlessly list items. You can tackle this and break AH goblins entirely by 2-3 methods:
Limit the amount of auctions a player can post in a day and this is account wide.
Have an internal timer a product can be listed on the AH. If you cancel the auction, you still got to wait a day or so before the item can be listed again.
Alternative to 2, don’t allow players to cancel auctions once up for a very small amount of time (say 2 minutes max) and only so many of cancels allowed in a day.
Work orders are going to be a huge help but simply de-valuing professions would go a long way too. There is no reason why we couldn’t earn a legendary and continually improve it ourselves aka the MoP cloak and WoD ring…or to throw crafters a very small bone, have just a single rank of the base legendary that we work to upgrade without new higher ilvl base pieces.
Allow potions/flasks to be made in greater bulk and for less mats or make potions do utility effects and not just pure stat/damage values. Far fewer people will feel the need to pot if the effect is “gain the sprint effect for 10 seconds” or “become immune to fall damage for 10 seconds”. I would be 100% happy with a game where I constantly didn’t have to restock on consumables and just had reusable or they just flat out didn’t exist.
That sort of handicaps raw material farming though…
I know when I started on a new server you coupd make a bunch of gold just from raw material farming those old reagents people barely want to farm themselves. This lets you get flying and other stuff to make gold farming better.
I just list my stuff for the going rate and if it doesn’t sell I relist it, but most mats sell immediately. Other stuff like gear, especially transmog takes a little longer, but I don’t worry about other people’s listings.
If someone wants to make a job out of the AH, that’s their decision. Sounds boring to me, but they enjoy it so, more power.